Yorkshire ‘positive for entrepreneurs’

YORKSHIRE is a good place to start new ventures and grow businesses, according to a new survey.

Research by Yorkshire Bank suggests more than two-thirds describe Yorkshire as a good environment for starting a new business with similar figures believing it offers good prospects for business investment and long term growth.

However, a narrow majority of those who took part believe it will become harder to start or grow businesses in the next two or three years.

Richard Norrington, director of Yorkshire Bank’s integrated financial solutions operation in this region, said: “As well as actively experiencing healthy economic conditions, Yorkshire business leaders and entrepreneurs need to feel confident and believe the economy is moving in the right direction.

“Starting a business, or investing to take a venture to the next level, is an important milestone which requires a number of factors to be successful.

“Many businesses are considering their future growth prospects with a growing confidence. Although there economic challenges remain, there will also be growth opportunities for strong businesses.”

Among those surveyed, around one third described IT and telecommunications firms as the most entrepreneurial.